How to Survive Your First Market Crash
Although the S&P 500 experiences a correction of 5% about every 13 months and a drop of 10% about every 19 months (on average), investors still get spooked any time that it actually happens. This is because there are probably numerous other negative headlines at the time that have our attention and cause worry.
The broader index is down 7% so far in 2022, which is not frightening by itself. But add in rising inflation, interest rate hikes, supply-chain challenges, and geopolitical turmoil, and the situation is full of uncertainty that could have investors questioning whether they should sell their stocks.
In times like these, it's worthwhile to have the right mindset when it comes to your portfolio. Keeping a level head and not panicking could pay off over the long term.
Source Fool.com
